At the center of it all is the typical binary scheme (also pyramid or triangle). used by multi-level marketing companies. Pyramid schemes resort to one tactic, in the end, raising profits for the members at the top hierarchy while spurring the bottom tier with lots of bonuses.
La Buena Vida brings a different item to the mix. It offers products spiced with loyalty reward packages, flashy cars, and luxury events.
The company originates from South Korea (with sponsors from Japan). It sells nourishment products and promises to help members build a house.
Some of the products retailed by the company are expensive. To make up for the lapse, La Buena focuses on recruitment, giving members a customized necklace.
The necklace supposedly has curative properties. Hence it is worn around the neck. But there is really nothing to these claims than rhetoric since La Buena Vida focuses on getting people to join the platform.
See details about this company below.
La Buena Vida Review: Overview
The company is an MLM business, helping people live a good life (La Buena Vida means the good life). The slogan captures all that organization stands for, as long as MLM is involved.
According to a promoter, in one of their seminars at Abuja, La Buena Vida is a rebrand of a previous MLM iteration. It appears to have been operating since 2016 as a Century 21 Freedom Group (C21FG) and subsequently Alliance in Motion (AIM).
The reason for the rebrands (and possible mergers are unclear here), doesn’t deter people from subscribing to the company in 2021.
La Buena Vida supposedly has about 100k+ members and enough partnerships to make fifty thousand Nigerians become millionaires.
Does it benefit people?
You can make profits from the platform broadly in two ways:
Buy and resell products, or
Become an affiliate marketer.
La Buena Vida allows you to resell products or use them. But that is where the confusion might be. Why? Because there is no telling the difference between purchases by members and selling to non-members of the company.
If sales qualify affiliates for the referral commissions, it skews the payment plan in favor of rich members (who can buy up products to scale through the ranks). In this regard, all tropes about living a good life run aground. What is left? A pyramid with poor people at the bottom.
The compensation plan is the usual garbage in garbage out (deposit 44,000 naira minimum or 673,320 naira maximum). The ROIs for the packages are 168,000 naira and 2.52 million naira.
Of course, a broad section of the Nigerians in these seminars cannot afford the affiliate packages. So, the next option is the referral bit, lumping the alternatives in one coupon-sharing glitz.
Our La Buena Vida Review finds rank achievements and affiliate reward programs on the website.
But the company doesn’t benefit you, not at all. How can you tell? See below for answers.
MLM is not the same as Direct Sales
La Buena Vida Review: while direct selling scales businesses by leveraging reps, it does not tally marketers’ profits to the number of orders or sales.
Contrarily, MLM does it. And La Buena Vida is too bent on its live-in-luxury rhetoric to give the slip to unsuspecting members.
The company intersperses direct sales and MLM, though it favors the latter often. Although you can buy products from the platform (and choose to resell or use it), your best profit margin is recruitment. So, the products are merely trinkets covering the MLM part.
The problem with an MLM is that it ends up impoverishing more people than it helps. For that matter, Nigeria has its share of woes from so-called MLMs.
There are instances like Racksterli (rebranded as DevRacksterli), Wales Kingdom Capital (a botched cheap shot at crypto and forex fraud), and Noderworks. All three sold MLM coupons using the same mantra.
Make passive income by referring people to the platform.
The cliché resonates well with Nigerians, of course. There is a popular moniker for this in Nigeria, AWUF. In the end, investors only reap sorrow and heartbreak.
You can tell a scam by looking for glibness. La Buena Vida promises that affiliates can earn millions in a connected economy. That is a red flag.
See the following section of our La Buena Vida Review for the verdict.
La Buena Vida Review: Verdict
So far, there is no proof of any tenable program in the platform besides retailing products.
The products are obscure, if not redundant, relying on the glittery seminars for dispatch. The first thing about a radiation-blocking attaché (like the Ener-chi pendant) is a peer review.
Also, a pendant as a shield against radiation sounds hilariously like a script from a farcical MCU comic. There is no way to market such products other than pitching phooey to ignorant people.
As per the compensation plan
It involves MLM. You refer people to La Buena Vida and get percentages of your monthly ROIs, peaking after the validity period.
La Buena Vida cannot get you a house since it is merely an extravaganza of core MLM.